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Coronary Microcatheters Market Revenue to Expand at 7.5% CAGR to Top US$ 424.2 Million by 2032

06-13-2023 04:45 AM CET | Health & Medicine

Press release from: Fact.MR

Coronary Microcatheters Market

Coronary Microcatheters Market

The market for coronary microcatheters is expected to reach US$ 424.2 million by the end of 2032, growing at a CAGR of 7.5% from its estimated value of US$ 206.2 million in 2022.

The prevalence of coronary artery disorders (CAD) around the world directly affects the need for coronary microcatheters, and North America is anticipated to be a promising market for manufacturers.

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Competitive Landscape

Leading suppliers of coronary microcatheters are focusing on their diversification of product portfolios, for which, they are making huge investments in research and development. Apart from this organic strategy, companies are also adopting inorganic growth tactics such as acquisitions, mergers, and collaborations to drive global expansion.

• In February 2020, Teleflex Medical OEM announced the acquisition of HPC Medical Products (HPC), a leading company of medical tubing and wire components. This acquisition helped the company strengthen its catheter capabilities.
• In 2019, Merit Medical Systems, Inc. acquired Brightwater Medical, Inc. The primary aim of this acquisition was to bring the ConvertX® system into its medical device portfolio.
• In 2019, Boston Scientific Corporation acquired BTG plc to expand its product offerings for minimally-invasive procedures.

Key Companies Profiled
• Boston Scientific Corporation
• ASAHI INTECC USA, INC.
• Terumo Corporation
• Teleflex Corporation
• Medtronic
• KANEKA CORPORATION
• CookMerit Medical Systems
• Merit Medical Systems
• Nipro Corporation

What insights this research provides to readers?

• Coronary Microcatheters fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Coronary Microcatheters player.
• Various regulations imposed by the governments on the consumption of Coronary Microcatheters in detail.

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Based on precise data trends and classification, we provide one of the most thorough and understandable regional breakdowns of the global Coronary Microcatheters market. With regard to a variety of industries, from developing markets to regional markets, our specialists provided insightful analysis. Expect a thorough examination of the most significant economies in the globe, both internationally and globally.

The most recent market research report, which is being distributed to a global audience, offers business forecasts, growth trends in important regions, and development developments. The thorough market research helps customers navigate the data and understand the analysis. A deeper understanding of the industry, thorough predictions, product production, and overall market income can all be aided by geographic market research.

Segmentation of Coronary Microcatheters Industry Research

• By Product Type :
o Single-lumen
 Non-Torque Microcatheters
 Torqueable Microcatheters
o Dual-lumen
o Guide Extension
• By Tip-type :
o Steerable
o Angled Tip
o Straight Tip
• By Material :
o Stainless Steel
o Stainless Steel+ Polytetrafluoroethylene - PTFE
o Tungsten-braided Shaft
o Platinum/Tungsten Coil
o Others
• By End User :
o Hospitals
o Ambulatory Surgical Centers
o Cardiac Catheterization Laboratories
o Specialty Clinics
• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & ASEAN
o Oceania
o MEA

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The key perks of this report address the following questions-
• What are the key highlights of our Coronary Microcatheters market research report?
• What are impelling reasons for buying this report?
• What makes this Coronary Microcatheters market report distinct from others?
• What are the key benefits of this Coronary Microcatheters market research report?
• What objectives are met under this market research report?
• What insights this research provides to readers?

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About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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